Sands Casino Resort Bethlehem

BETHLEHEM, PA-A published report states that Sands Corp. is seeking a buyer for its lavish casino here.

According to a report in the Philadelphia Inquirer, the Las-Vegas based gaming firm could be asking as much as $1 billion for the property, according to “people with knowledge of the situation.”

Sands Casino Resort Bethlehem opened May of 2009 and is situated on the site of the historic Bethlehem Steel plant. It features more than 3,000 slot machines and over 150 table games, as well as a 300-room hotel and more than 12,000 sf of meeting space. The Shoppes at Sands Luxury Outlet Center opened at the property in November 2011. The Sands Bethlehem Event Center, which opened at the property in May 2012, includes more than 50,000 sf of space that accommodates meetings, conventions and a variety of entertainment events. See story in the Philadelphia Inquirer.